(FIIG) First Trust Exchange-Traded - Ratings and Ratios

The First Trust Exchange-Traded Fund IV (NYSE ARCA: FIIG) is a non-diversified investment portfolio designed to provide exposure to the corporate bond market. Under normal market conditions, the fund allocates at least 80% of its net assets to investment-grade corporate debt securities. These securities are rated Baa3/BBB- or higher by at least one nationally recognized statistical rating organization (NRSRO) or, if unrated, are deemed by the funds advisor to be of comparable quality. This focus on higher-quality debt instruments is intended to mitigate default risk while providing regular income. The fund is listed on the NYSE ARCA under the ticker symbol FIIG and is categorized as a corporate bond ETF.

Over the next three months, FIIG is expected to maintain its current trajectory, with prices fluctuating within a narrow range of $20.30 to $21.10. This forecast is supported by the funds recent average price of $20.76 and its moving averages (SMA 20: $20.56, SMA 50: $20.42, SMA 200: $20.40), which indicate a stable trend. The average true range (ATR) of 0.10 further underscores the low volatility expected in the funds price movement. With assets under management (AUM) of $442.80 million, FIIG benefits from sufficient scale to maintain liquidity while navigating potential shifts in interest rates and economic conditions.